Market Outlook Gold prices edged higher on Monday, extending last week’s strong gains on bets that lackluster U.S. data will keep the Federal Reserve cautious about the future pace of policy tightening. Oil edged up to around $49 a barrel on Monday as a slowdown in the increase of rigs drilling in the United States […]read more..
Market Snippet Benchmark indices traded higher after opening gaped up but remain in consolidation phase throughout the session and scored new life time high of 9942.95.Reliance Industries, crossed the Rs 5 lakh crore market capitalizations for the first time ever, while ITC, dropped over 4% on speculations of an expected hike in cess by GST […]read more..
Guarseed showed sideways movement and found the important resistance level of 3475. If prices sustains below 3375 level in next trading session then this momentum can take prices to 3325 level. If it breaks the resistance level of 3450 then 3500 will act as next resistance level. Jeera showed bullish movement today and found the […]read more..
Guarseed showed bearish movement and found the important support level of 3350. If prices sustains below 3300 level in next trading session then this momentum can take prices to 3250 level. If it breaks the resistance level of 3500 then 3550 will act as next resistance level. Jeera showed sideways movement today and found the […]read more..
Market Outlook: Gold prices slipped on Friday, to trade near an eight-week low as a stronger U.S. dollar weighed on demand for the precious metal and as investors were focusing on the upcoming report on U.S. non farm payrolls due later in the day. U.S. oil moved sharply lower on Friday, as news this week […]read more..